Assessing The Boston Bruins Salary Cap Situation

( Photo Credit: AP Photo / John Locher )

By: Joey Partridge | Follow Me On Twitter @joey_partridge

Most Boston Bruins fans know the feeling of having their team pressed against the salary cap ceiling. It has actually been a common thing for the Bruins for most of this decade. Due to some bad contracts and having a deep, skilled roster, the Bruins haven’t had too much freedom entering most off-seasons.

The 2020 offseason is going to be an interesting one. For the first time in what feels like forever, the Bruins are actually in an okay spot compared to most teams. Due to the COVID-19 pandemic, the scheduled increase in the league wide salary cap has been cancelled and will remain the same.

Looking back at the past half decade, the Bruins have had some less than stellar contracts on their roster. By this, I don’t mean the fans that say Tuukka Rask or David Krejci are making too much because at that point, you’re just looking for something to complain about. I mean the David Backes and Matt Beleskey contracts.

( Photo Credit: Minas Panagiotakis / Getty Images )

Before I get into the numerics, in no way am I bashing these players. These are good hockey players that just happened to not work out in Boston. However, with that being said, with that comes a bad contract because the production didn’t equal the value.

For the past few years, the Bruins have been paying Backes $6 million per year, and while Beleskey was with the team they were paying him $3.8 million per year. Both of these players are not with the team so it gets a little more complicated now. Beleskey was a part of the Rick Nash trade back in 2018. Up until just this year, the Bruins were paying some retained salary on that contract. Backes was just moved to Anaheim this year and the Bruins will continue to pay $1.5 million per year in retained salary for the duration of his contract, which ends after next season. What most don’t know either is that until this year the Bruins were continuing to pay Dennis Seidenberg as a result of a buyout.

Now, the only thing on the books in terms of “dead money” is the $1.5 million owed to Backes. This is the best situation the Bruins have had in years. As of September 25th, 2020 and according to CapFriendly, the Bruins have roughly $14.4 million in cap space with notables like Torey Krug, Zdeno Chara, Jake Debrusk and Matt Grzelyck to sign. You can speculate whether Krug and Chara will be back, but the fact of the matter is they have room to get deals done.

( Photo Credit: Jim Rogash / Getty Images Sport )

Another important factor to consider is the NHL’s buyout window opens today, September 25th. While the Bruins don’t have any really bad contracts on the books, could they look to clear up some more cap to take a run at a top free agent? While I personally believe the Bruins wont buy anyone out, one contract that I could see them getting off the books is John Moore. The defense on the Bruins is loaded with talent and he has been in and out of the lineup with his $2.75 million cap hit over the next three seasons. However, you can argue that if Krug does leave, his role becomes larger and he will be a valuable asset.

Time will tell what the Bruins do with their cap space, but the fact of the matter is the Bruins are in a very decent spot with their money compared to other teams. Trust in Don Sweeney.

 

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